LTC

Definition

Loan-To-Cost. The ratio of the price paid for an asset to the value of the loan that will finance the purchase.

Use LTC in a sentence

Our ltc ratio had to be figured out by next week and I had the perfect guy for the job ready to go.

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You need to make sure that you have fully broken down what the LTC will be so you are prepared for it.

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The LTC was favorable we decided to leverage our company and take on the additional debt feeling confident it would pay off.

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LSL ltd